Network Computing Devices Inc posted a small loss of $489,000, or 3 cents a share, on its first quarter revenues of $30.6m yesterday, saying the results were in line with its expectations. Last year the company managed a small profit of $852,000 in the same quarter, on slightly higher revenues of $31.1m. NCD is currently engaged in the transition to Windows-based thin client terminals after its original Unix-based X terminal business faded out of fashion. And corporate customers are holding back on major purchases until the release later this Spring of Microsoft Corp’s Windows Terminal Server, its multi-user Windows software. NCD is also modifying its sales strategy from direct to two-tier distribution and OEMs. As a result, the Mountain View, California-based company says it’s anticipating lower revenues for the year’s second quarter as well. NCD announced its new ThinStar thin terminal device last month, along with a three-year contract from Intel Corp to produce a line lean client desktop devices. As part of the agreement, Intel took a 4.4% stake in the company. รก
